On today’s show we are talking about off-balance sheet financing. Increasingly, borrowers are seeking ways to hide their liabilities so as to appear financially stronger than they are in reality.

This represents a growing risk to the economy and financial as our debt laden world sinks deeper into the abyss of rising interest rates.

Let’s start with whether a liability needs to be disclosed on the balance sheet in the company financials or not. If not, why not?

-------------

Host: Victor Menasce

email: [email protected]